INTERNATIONAL BUSINESS DEVELOPMENT IN THE GLOBAL ECONOMIC SYSTEM

Based on the Ease of Doing Business Index or the Doing Business Report using the correlation analysis, the relationship between the indicators of the Ease of Doing Business Index and its overall value has been estimated. It is proved that on average the impact of each component is 0.742 points and indicates that there is a close relationship between the indicators and the total index. Based on the analysis of asymmetry of the prerequisites for international business development in the context of globalization on the basis of the Ease of Doing Business Index with the use of correlation analysis, it was concluded that the significant impact of each component of the index on its final value, with a significant advantage of the influence of components of a financial nature, namely: “Obtaining of credits”, “Protection of minority investors”, “Registration of business”, “Obtaining construction permits”, “Enforcement of contracts”. It is substantiated that international business can be considered as an interconnected system of flows of financial resources caused by management decisions, and successful activity and long-term viability of the international business system depend on a continuous sequence of financial decisions and effective functioning of financial instruments that have economic impact on business.